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A Huge Threat to the U.S. Budget Has Receded. And No One Is Sure Why. - The New York Times

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For nearly as long as Medicare has existed, it has been a notorious budget buster, alarming a wide range of politicians and budget experts. For nearly as long as Medicare has existed, it has been a notorious budget buster, alarming a wide range of politicians and budget experts. In 1983, Ronald Reagan said: “The need for action now is clear. Health care costs are climbing so fast they may soon threaten the quality of care and access to care which Americans enjoy.” In 1983, Ronald Reagan said: “The need for action now is clear. Health care costs are climbing so fast they may soon threaten the quality of care and access to care which Americans enjoy.” In 1995, the Medicare trustees warned, “Prompt, effective, and decisive action is necessary.” In 1995, the Medicare trustees warned, “Prompt, effective, and decisive action is necessary.” In 2011, Barack Obama said, “If you look at the numbers, then Medicare in particular will run out of money and we will not be able to sustain that program

For nearly as long as Medicare has existed, it has been a notorious budget buster, alarming a wide range of politicians and budget experts. For nearly as long as Medicare has existed, it has been a notorious budget buster, alarming a wide range of politicians and budget experts. In 1983 , Ronald Reagan said: “The need for action now is clear. Health care costs are climbing so fast they may soon threaten the quality of care and access to care which Americans enjoy.” In 1983 , Ronald Reagan said: “The need for action now is clear. Health care costs are climbing so fast they may soon threaten the

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